Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2023

Shares awarded to non-employee directors [Line Items]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan

The table below presents the amounts included in net income related to share-based compensation expense for the three and nine months ended September 30, 2023 and 2022:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
(in thousands)
Awards to key employees	$	1,724	$	898	$	4,164	$	3,999
Awards to non-employee directors	214		252		693		706
Total compensation expense	1,938		1,150		4,857		4,705
Less: tax benefit	(501)		(297)		(1,255)		(1,214)
Share-based compensation amounts included in net income	$	1,437	$	853	$	3,602	$	3,491

Award to key employees [Member]

Shares awarded to non-employee directors [Line Items]

Schedule of Share-based Compensation, Activity

The table below presents the summary of the stock activity for awards to key employees for the nine months ended September 30, 2023: 

	Number of Shares	Weighted Average Fair Value
Outstanding—December 31, 2022	204,149	$	103.17
Granted	80,752	$	127.05
Vested	(68,302)	$	91.59
Expired	(2,053)	$	94.64
Forfeited	(1,364)	$	114.90
Outstanding—September 30, 2023	213,182	$	116.56